Conference between Ling Fangcai Chairman of the broad and Chen Liancong, CEO of China Export & Credit Insurance Corporation Guangzhou Branch

The conference with CHEN LIANCONG (CHEN) and representatives of China export & credit insurance corporation Guangzhou was held at 13 Jan 2016. LING FANGCAI (LING), Chairman of the board, LIU LINGLING, vice CEO of GUANGDONG TEXITILE IMP & EXP CO LTD, and WU YIHU (WU), CEO Assistant, had attended the meeting.

LING demonstrated the blueprint and goal of 2016 to attendants.  GDTEX is aiming at growing revenue, increasing market share and re-organizing resource by optimizing organization structure and setting up two new business department. In the year of 2015, CREDIT INSURANCE business of GDTEX did experience a tough period due to the stagnant global economy. This is a signal for us that we will need to work closely with China export & credit insurance corporation and strengthen internal risk control. CHEN stated that China export & credit insurance corporation Guangzhou, taking the advantages of location, could implement the policy of ‘Go Global’ and extend the oversea business with GDTEX. During the conference, WU also explained the strategy of GDTEX to develop new business under the complex economic culture. In addition, representative of two parties had an intensive discussion on the effects of devaluation of RMB on import and export business of foreign trade enterprises.

LING highly appreciated the support to GDTEX in past 5 years and confirmed that GDTEX and China export & credit insurance corporation had built a strong strategic partnership. With the help of China export & credit insurance corporation, GDTEX had achieved significant outcome on business quality, operation structure and business model. Also, regarding the business of export, especially dealing with client from Europe and American, SINO SURE provided a full range credit, insurance and claims services and becoming our ‘SECURED UMBRELLA’ in oversea market.

In the end of the conference, LING, who is on behalf of GDTEX, gifted a thank you note and pennants to China export & credit insurance corporation GUANGZHOU. Again, LING highly appreciated the support and cooperation of China export & credit insurance corporation on import and export business. Both GDTEX and China export & credit insurance corporation Guangzhou are expecting a more intense partnership in the year of 2016.

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